Martha Stewart Living shares fall as revenue is cut in half NEW YORK- Shares of Martha Stewart Living fell sharply Tuesday after reporting a nearly 50 percent drop in its first-quarter revenue as it handed over control of its magazine business to publishing company Meredith. Martha Stewart Living wants to focus on creating content and products such as furniture, crafting tools and pet products.
Source: The Associated Press
UPDATE 2-Raytheon to buy cybersecurity firm Websense in $1.9 bln deal *Raytheon to pay about $1.6 bln, including debt. April 20- U.S. arms maker Raytheon Co is buying network security provider Websense Inc from private equity firm Vista Equity Partners LLC in a $1.9 billion deal, the latest in the fast-growing cybersecurity market. "We're seeing an exponential increase in the number of attacks by ultra-sophisticated attackers,"...
| By: Sagarika Jaisinghani